Should we implement SDIP#9?
Overview
Use part of our performance fees and of inflation to fund liquidity. Further details: https://gov.stakedao.org/t/use-part-of-our-performance-fees-and-of-inflation-to-fund-liquidity/510
Specification
This proposal suggests bringing the SDT emissions dedicated to Olympus pro to 25k SDT per week (from 50k currently), and redirecting inflation to pair the other 25k SDT per week with revenues from performance fees, and pool it in the Sushi LP and Cometh LP. This could run until the total liquidity of the DAO reaches $20m. At this rate, the DAO would acquire $200k of liquidity every month, which is equivalent to the current Olympus Pro rate. The two programs combined should enable reaching a good share of the liquidity reasonably quickly.
There are 4 different options for implementation:
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- Launch liquidity program & bootstrap with 100k worth of SDT paired with ETH to provide liquidity of SushiSwap.
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- Launch liquidity program without bootstrapping.
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- Amend the liquidity program and resubmit the proposal.
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- Don’t launch a liquidity program and don’t resubmit.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xC5d3...e8778c | 42,405 | 1. Liquidity + Bootstrapping |
 0xb7BF...E1993C | 6,707 | 1. Liquidity + Bootstrapping |
 0x11e1...286271 | 6,088 | 1. Liquidity + Bootstrapping |
 0x510c...2b5B00 | 5,334 | 1. Liquidity + Bootstrapping |
 0xFe3E...AB90fc | 4,681 | 1. Liquidity + Bootstrapping |
VOTE POWER
Proposal Status
- Thu December 16 2021, 05:00 pmVoting Period Starts
- Tue December 21 2021, 05:00 pmEnd Voting Period
Current Results
1-1. Liquidity + Bootstrapping
80,609.882
2-2. Liquidity only
328.645
3-4. Don't launch program
68.332